Venture Center

Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)

More Info
www.cgtmse.in
Organization
Ministry of Micro, Small & Medium Enterprises (MSME) and Small Industries Development Bank of India (SIDBI)
Fund type
Debt | Other
Source
Government
Status
Live
Focus area
Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Industrial Products | Material Tech, textiles | Space and Aviation | Edtech, Fintech | Other sectors | Electric vehicles
Target
Individual- Innovators | Individual- researcher
Fund range
< Rs. 10 lakhs | Rs. 10 lakhs- Rs. 25 lakhs | Rs. 25 lakhs- Rs. 50 lakhs | Rs. 50 lakhs- Rs. 2cr
Fund stages
A. Technology Development | B. Patent Protection | C. Technology In-Licensing | D. Technology Scale-up/ Validation / De-risking | E. Market Entry | F. Expansion

This fund was set up for easier availability of bank credit without the hassles of collateral / third party guarantee

Purpose

To encourage and support first generation entrepreneurs to set up their own SME, by making easily available loans without any collateral / third party guarantee.